Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$477,347$477,347$673,650
Remaining term (yrs)23.723.730.0
Secondary amount$0$196,303$0
Funding fee$2,387$2,387$0
Note rate3.280%3.280%7.240%
Blended rate3.280%4.655%7.480%
1st payment$2,407.73$2,407.73$4,590.91
2nd payment$0.00$1,308.68$0.00
Taxes / mo$255.75$255.75$255.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.73
HOA / mo$0.00$0.00$0.00
Total monthly$2,880.15$4,188.83$5,198.06
Cash to close$271,153$74,850$74,850